Nonprofit · EIN 45-6575237
JT HOBBY JR ENDOWMENT FUND
Also known as J T HOBBY JR TTEE
Tax-exempt · RALEIGH, NC 27619
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $453,365 | $353,380 | $99,985 | $6,013,682 | $0 | $6,013,682 |
| December 31, 2024 | 990-PF | $451,292 | $322,452 | $128,840 | $5,598,168 | $0 | $5,598,168 |
| December 31, 2023 | 990-PF | $152,147 | $347,085 | -$194,938 | $5,458,681 | $0 | $5,458,681 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $123,408
- Interest
- $10
- Net gain from sales of assets
- $329,947
Expenses
- Grants and similar amounts paid
- $280,000
- Compensation of officers, directors and key employees
- $50,000
- Disbursements for charitable purposes
- $280,000
- Excise tax on investment income
- $5,282
Balance sheet and other
- Total assets, start of year
- $5,598,168
- Total assets, end of year
- $6,013,682
- Total liabilities, end of year
- $0
- Net assets, end of year
- $6,013,682
- Fair market value of assets
- $6,013,682
- Qualifying distributions
- $280,000
- Net investment income
- $453,365
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEAN H HOLMES 2528 GLENWOOD AVENUE, RALEIGH, NC 27608 | TRUSTEE | 1 | $25,000 |
| JUDY H POE 2600 YETTINGTON DR UNIT 425, RALEIGH, NC 27608 | TRUSTEE | 1 | $25,000 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEAN H HOLMES 2528 GLENWOOD AVENUE, RALEIGH, NC 27608 | TRUSTEE | 1 | $25,000 |
| JUDY H POE 2600 YETTINGTON DR UNIT 425, RALEIGH, NC 27608 | TRUSTEE | 1 | $25,000 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEAN H HOLMES 2528 GLENWOOD AVENUE, RALEIGH, NC 27608 | TRUSTEE | 1 | $25,000 |
| JUDY H POE 1113 COWPER DRIVE, RALEIGH, NC 27608 | TRUSTEE | 1 | $25,000 |
Address and contacts
- Address (IRS master file)
- PO BOX 18506, RALEIGH, NC 27619-8506
- In care of
- % RICHARD H HAYWOOD
- Signed the 990-PF
- JOHN F HOLMES JR, TRUSTEE
- Phone
- (919) 783-6141
- Return prepared by
- DEAN DORTON ALLEN FORD PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 45-6575237
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $6,013,682
- Income (IRS master file)
- $775,424
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $453,365 | $353,380 | $6,013,682 | IRS |
| 990-PF | December 2024 | $451,292 | $322,452 | $5,598,168 | IRS |
| 990-PF | December 2023 | $152,147 | $347,085 | $5,458,681 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-6575237).
Questions about JT HOBBY JR ENDOWMENT FUND
- What is the EIN of JT HOBBY JR ENDOWMENT FUND?
- The employer identification number (EIN) of JT HOBBY JR ENDOWMENT FUND is 45-6575237.
- Is JT HOBBY JR ENDOWMENT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to JT HOBBY JR ENDOWMENT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JT HOBBY JR ENDOWMENT FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JT HOBBY JR ENDOWMENT FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JT HOBBY JR ENDOWMENT FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of JT HOBBY JR ENDOWMENT FUND?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 2 received compensation from the organization, the highest $25,000 (JEAN H HOLMES, TRUSTEE).
- How much revenue does JT HOBBY JR ENDOWMENT FUND have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $453,365, expenses of $353,380 and total assets of $6,013,682 at year end.
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